CM Technical

Technical Sentiment Analysis for Canadian Imperial Bank of Commerce (CM) As of 2026-07-09, Canadian Imperial Bank of Commerce (CM) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 11 indicators are flashing buy, while 1 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CM stands at 56.504, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.117, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 70.756 and the Commodity Channel Index (CCI) at 101.125 further confirm a 1.55 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CM is trading above its 60-day moving average of $111.527 and above its 200-day long-term moving average of $96.891. Key price levels to watch include the immediate resistance at $116.867 and strong support at $112.522. A break above $116.867 could signal a bull continuation, while falling below $112.522 may test the next Fibonacci floor at $110.319.